Latest Business News
Uber, Careem drivers launch Facebook campaign to increase their profit share
The drivers will shut down the mobile application one day per week…
Ministry of Electricity sends power purchase agreement to international financers
IFC, EBRD to conclude review of contracts in 10 days, say sources
Egyptian Competition Authority requests EFIC, AZFC be referred to general prosecution
The 2 companies reached an agreement to stabilise the price difference between…
CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again
Analysts ruled out Egyptian pound’s devaluation before 11 November
The implications of VAT on the automotive sector
In a seminar for Daily News Egypt, leaders in the automotive sector…
Economic challenges push for failed attempt to impeach cabinet
Dozens of MPs passed and signed a petition demanding the impeachment of…
Al Nowais negotiates with Finance Ministry to issue sovereign guarantee for Oyoun Moussa coal plant
Orascom Construction competes to establish Hamrawein plant; examination of offers to end…
Emirates NBD launches specialised unit for financing SMEs in Egypt
Emirates NBD announced the establishment of a specialised unit for financing small-…
Cabinet obliges cement plants to use 15% of waste as alternative fuel sources in 2030
Use of alternative fuel sources will participate in saving $51m annually by…
